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Sources of productivity growth in Australian textile and clothing firms

conference contribution
posted on 2005-01-01, 00:00 authored by Ikm Wadud
This paper estimates the sources of productivity growth in Australian textile and clothing firms based on the Business Longitudinal Survey (BLS) from 1995 to 1998. Productivity growth estimates have been obtained for each sub-category of textile and clothing firms. Sources of growth in multifactor productivity (MFP) are examined with growth in technical efficiency and scale effects based on estimates of stochastic frontier production functions. Separate estimates of output growth have been compared with the productivity growth estimates for each of the product categories. MFP improved in all clothing firms and declined in textile firms over 1997–1998 by four-digit level of Australia New Zealand Standard Industrial classification Scheme (ANZSIC). MFP declined in most major categories of both textile and clothing firms in 1995–1997. Changes in technical efficiency mostly dominated scale effects in the overall direction of MFPG in both textile and clothing firms. The findings of the study provide evidence for policies for improving the firms' operative performance in the ongoing liberalised regime.

History

Title of proceedings

ACE 05 : Proceedings of the Australian conference of economists 2005

Event

Australian Conference of Economists (34th : 2005: Melbourne, Vic.)

Pagination

1 - 28

Publisher

Blackwell

Location

University of Melbourne, Melbourne

Place of publication

Carlton, Vic.

Start date

2005-09-26

End date

2005-09-28

ISBN-13

9780734026088

ISBN-10

0734026080

Language

eng

Publication classification

E1 Full written paper - refereed

Editor/Contributor(s)

R Dixon

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